02.07.2014

Teodora Burz has spent the last eight years traveling to and from Romania, Italy, China and Turkey, where she has worked for foreign fashion brands. more

12.09.2013

Financial group Banca Transilvania holds 11.91% in Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO), controlled by businessman Constantin Boromiz. more

11.04.2013

Polish financial group Getin Holding will acquire Romanian International Bank (RIB) in a move to expand its portfolio in the region, the group said in a statement Monday. more

10.22.2013

Romanian International Bank (RIB) will be taken over by Polish financial group Getin Holding, controlled by businessman Leszek Czarnecki, people close to the matter told Mediafax Tuesday. more

08.22.2013

Romanian Economy Ministry Thursday said that Turkish chrome producer Yildirim Holding Inc. is interested in investing in Romanian state-run copper producer Cupru Min Abrud. more

07.31.2013

Romanian state-owned hydropower producer Hidroelectrica has started legal proceedings against energy traders Alpiq Romindustries and Energy Holding claiming “several hundred million lei” for more

07.22.2013

Energy Holding, one of the best-known private energy traders on the Romanian market, says it had losses of 110 million lei (EUR25 million) last year. It explains this through the loss of its contract more

06.11.2013

Romania’s Competition Council said it has authorized the takeover of Termo Craiova which administers the heat distribution and supply in Craiova, southern Romania, by state-owned thermal power plant more

05.20.2013

Romania’s state-run power holding Hunedoara is in advanced talks with China National Electric Engineering Co. (CNEEC) to secure financing of up to EUR300 million for upgrade works at its Mintia more

05.14.2013

Energy Holding, one of the major electricity traders in Romania, posted about 643 million lei (EUR149 million) revenue last year, down 14% on 2011, after losing access to its cheapest source of more

04.17.2013

Romanian DAF truck importer and dealer EVW Holding expects to sell about 1,300 units this year, double as many as in 2012. more

02.18.2013

State-run energy company Complexul Energetic Oltenia, which was created last summer by the merger of major thermal power stations in Oltenia (S Romania) with the coal mines managed by Societatea more

01.30.2013

Romanian state-run energy holding Oltenia plans to increase its share capital by up to 27.3%, with 12% of the newly issued shares to be listed on the Bucharest Stock Exchange, according to a draft more

11.12.2012

Romanian Bucharest Court approved Monday the general insolvency procedure of Adevarul Holding, which owns several magazines, tabloids or newspapers, including Adevarul daily. more

11.07.2012

Romania’s newly established energy holding Oltenia plans to sell 15% of its shares in Bucharest next year to raise EUR400 million, a director with the holding said Wednesday. more

09.14.2012

Gazprom Neft, the integrated oil group controlled by Gazprom, is close to striking a deal with Unicom Holding, to take over the bunkering operations in the Constanta Harbor. more

09.10.2012

Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 57.06% in August, from 56.31% a month earlier, the fund said in a statement Monday. more

09.05.2012

Businessman Cristian Burci told MEDIAFAX Wednesday he signed the paperwork to take over Adevarul Holding from Dinu Patriciu. more

07.24.2012

Euro Insol, the administrator of Romanian insolvent power producer Hidroelectrica, announced Tuesday that the company has terminated a deal with Energy Holding, responsible for losses of 1.4 billion more

07.24.2012

Romania insolvent state-owned energy producer Hidroelectrica and Energy Holding have agreed Monday on the price of the contract, but Hidroelectrica’s representative also aim to cut the duration of more

02.23.2012

EVW Holding based in Cluj (NW Romania), the importer of the DAF trucks in Romania, controlled by two entrepreneurs and Dutch EVW group posted 293 million lei (EUR67 million) sales in 2011, up 18% on more

02.06.2012

Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 53.48% in January, from 51.5% a month earlier, the fund said in a statement Monday. more

12.16.2011

The Bucharest Court of Appeals decided that state-run hydropower generator Hidroelectrica can maintain its force majeure declaration on the energy delivered to Energy Holding, Hidroelectrica said in a more

11.30.2011

Deputies once again put off discussing the raising of the SIF holding cap in Tuesday’s plenary session of the Chamber of Deputies. The news was received with great disappointment by investors, whose more

11.16.2011

Seven companies asked for the annulment of the force majeure notices issued in September by Romania’s Chamber of Commerce and Industry (CCIR), but only Energy Holding, assisted by law firm Tuca more